In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Wallbox N.V (NYSE: WBX) closed at $0.55 down -3.69% from its previous closing price of $0.57. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 0.53 million shares were traded. WBX stock price reached its highest trading level at $0.597 during the session, while it also had its lowest trading level at $0.5323.
Ratios:
For a deeper understanding of Wallbox N.V’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 1.27.
On October 19, 2023, Chardan Capital Markets Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $2.25.
UBS Downgraded its Buy to Neutral on September 27, 2023, whereas the target price for the stock was revised from $5 to $3.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 29 ’24 when Justin E Mirro bought 100,000 shares for $1.36 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBX now has a Market Capitalization of 181588544 and an Enterprise Value of 308735648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.842 whereas that against EBITDA is -3.74.
Stock Price History:
The Beta on a monthly basis for WBX is 2.04, which has changed by -0.6232877 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, WBX has reached a high of $1.87, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -16.74%, while the 200-Day Moving Average is calculated to be -53.65%.
Shares Statistics:
For the past three months, WBX has traded an average of 857.35K shares per day and 2138740 over the past ten days. A total of 253.87M shares are outstanding, with a floating share count of 81.22M. Insiders hold about 68.01% of the company’s shares, while institutions hold 3.05% stake in the company. Shares short for WBX as of 1734048000 were 2183057 with a Short Ratio of 2.40, compared to 1731628800 on 2273674. Therefore, it implies a Short% of Shares Outstanding of 2183057 and a Short% of Float of 1.2200001.
